ID :
106730
Tue, 02/16/2010 - 01:34
Auther :
Shortlink :
http://m.oananews.org//node/106730
The shortlink copeid
Iran close to single-digit inflation
TEHRAN, Feb. 15 (MNA) – Iranian Central Bank Governor Mahmoud Bahmani has said the country is very likely to close the calendar year, which ends on March 20, with a single-digit inflation.
The inflation rate hit 12.2 percent in the month which ended January 20 and is expected to fall one more percent in the month to February 19, Bahmani said.
A plan to lessen the inflation rate had been put on the government's agenda in the current (Iranian) year," Shamseddin Hosseini told reporters after a cabinet session last week.
He added that this success has been achieved partially due to financial discipline and partially because of monetary policies.
The inflation rate hit 12.2 percent in the month which ended January 20 and is expected to fall one more percent in the month to February 19, Bahmani said.
A plan to lessen the inflation rate had been put on the government's agenda in the current (Iranian) year," Shamseddin Hosseini told reporters after a cabinet session last week.
He added that this success has been achieved partially due to financial discipline and partially because of monetary policies.
